An Assistant Director of Finance of the National Drug Law Enforcement Agency, NDLEA, Aliyu Yahaya has given clue to civil and public servants, including those in the private sector on how to face retirement challenges when it eventually begin to knock on their doors. In what look like commandments was in a book. The book, Planning: Key to Retirement without Tears has 14 chapters and written in simple concise form for easy reading. It is well structured taking into consideration basic issues in retirement planning.
In his review, Professor M. A. Mainoma noted that the book discusses Types and
methods of retirement, Agony of retirees, need to plan ahead and as well as how
to plan. Techniques in retirement plan, role of cooperative societies in
retirement planning and factors hindering effective planning were also
discussed.
The author, Aliyu Yahaya also highlighted the significance of savings, transition business opportunities and proper documentation (record keeping). The book also provided information on the environment of pension administration in Nigeria.
The book also provided practical guide to the essentials of effective post retirement management. No doubt, the book is a timely warning to workers both at the public and private sector not to ignore retirement planning.
Chairman/Chief Executive of the National Drug Law Enforcement Agency (NDLEA) Ahmadu Giade and His Royal Highness, Emir of Bauchi Alhaji Dr Rilwanu Sulaimanu Adamu were among notable guests that witnessed the public presentation of the book at the Women Development Center Abuja. They urged workers to convert retirement phobia into a delight through effective planning.
Some Guests who commented on the book written by An Assistant Director of Finance of the NDLEA, Aliyu Yahaya said that it was an eye opener on the subject of retirement considered a nightmare to most workers. Ahmadu Giade who was the Chief Host at the event called on workers not only to buy the book but to read and take practical steps in the implementation of the suggestions offered on how to enjoy retirement.
“This is a very crucial subject that has to do with the welfare of the worker and his or her family members. It is therefore not enough to buy the book but most essentially reading it and taking practical steps to implement the recommendations. This will assist workers in sustaining their standard of living many years after retirement” Giade stated.
Emir of Bauchi also urged workers to make the book their companion to avoid the agonies of miserable and frustrated lifestyles of retirees. “If only people will imbibe the culture of prudence and effective planning for retirement, the pains and dread of retirement will be a thing of the past” the royal father noted. The Emir was represented by the Fagachi of Bauchi, Mallam Ali Wakili.
Chief launcher at the event, Alhaji Dahiru Manga urged government to make retirement planning compulsory to workers. He was represented by Alhaji Aliyu Masanawa.
A retired Justice and President, Wamba Traditional Council, Alhaji Lawal Musa Nagogo commended the author for writing the book. “I wish to commend the author for this bold initiative of writing on a subject that many writers have neglected” Lawal stated.
Senator Dr Yusufu Musa Nagogo, the Yerima Wamba, a former senator, Federal Republic of Nigeria described the book as a pathfinder for workers. “This book will show the way of blissful retirement to workers. It will help all who care to read it and practice what it teaches to enjoy life after retirement” he stated.
Director General of the NDLEA, Mr Femi Ajayi who wrote the forward bought copies for the libraries of the Agencies in all State commands.
The 142 page book has fourteen chapters capturing types and methods of retirement, agonies of retirees in Nigeria, techniques in retirement planning and factors detrimental to savings among others.
In his speech, the author said that he was motivated to write the book because of the agonies of retirees and family members of deceased workers. “The bitter truth is that workers find it difficult to make ends meet even while in service and the situation becomes worse at retirement when they fail to plan while still in service” Yahaya noted.
The author, Aliyu Yahaya also highlighted the significance of savings, transition business opportunities and proper documentation (record keeping). The book also provided information on the environment of pension administration in Nigeria.
The book also provided practical guide to the essentials of effective post retirement management. No doubt, the book is a timely warning to workers both at the public and private sector not to ignore retirement planning.
Chairman/Chief Executive of the National Drug Law Enforcement Agency (NDLEA) Ahmadu Giade and His Royal Highness, Emir of Bauchi Alhaji Dr Rilwanu Sulaimanu Adamu were among notable guests that witnessed the public presentation of the book at the Women Development Center Abuja. They urged workers to convert retirement phobia into a delight through effective planning.
Some Guests who commented on the book written by An Assistant Director of Finance of the NDLEA, Aliyu Yahaya said that it was an eye opener on the subject of retirement considered a nightmare to most workers. Ahmadu Giade who was the Chief Host at the event called on workers not only to buy the book but to read and take practical steps in the implementation of the suggestions offered on how to enjoy retirement.
“This is a very crucial subject that has to do with the welfare of the worker and his or her family members. It is therefore not enough to buy the book but most essentially reading it and taking practical steps to implement the recommendations. This will assist workers in sustaining their standard of living many years after retirement” Giade stated.
Emir of Bauchi also urged workers to make the book their companion to avoid the agonies of miserable and frustrated lifestyles of retirees. “If only people will imbibe the culture of prudence and effective planning for retirement, the pains and dread of retirement will be a thing of the past” the royal father noted. The Emir was represented by the Fagachi of Bauchi, Mallam Ali Wakili.
Chief launcher at the event, Alhaji Dahiru Manga urged government to make retirement planning compulsory to workers. He was represented by Alhaji Aliyu Masanawa.
A retired Justice and President, Wamba Traditional Council, Alhaji Lawal Musa Nagogo commended the author for writing the book. “I wish to commend the author for this bold initiative of writing on a subject that many writers have neglected” Lawal stated.
Senator Dr Yusufu Musa Nagogo, the Yerima Wamba, a former senator, Federal Republic of Nigeria described the book as a pathfinder for workers. “This book will show the way of blissful retirement to workers. It will help all who care to read it and practice what it teaches to enjoy life after retirement” he stated.
Director General of the NDLEA, Mr Femi Ajayi who wrote the forward bought copies for the libraries of the Agencies in all State commands.
The 142 page book has fourteen chapters capturing types and methods of retirement, agonies of retirees in Nigeria, techniques in retirement planning and factors detrimental to savings among others.
In his speech, the author said that he was motivated to write the book because of the agonies of retirees and family members of deceased workers. “The bitter truth is that workers find it difficult to make ends meet even while in service and the situation becomes worse at retirement when they fail to plan while still in service” Yahaya noted.
Aliyu Yahaya Omba hails from Wamba, Nassarawa
State in the North Central of Nigeria. He was born into the family of Alhaji
Yahaya Omba (Late Hakimin Wamba) about 50 yrs ago.
Mr
Aliyu Yahaya started
his early education at the Local Education Authority Primary School from 1970
to 1976 and Government Secondary School (GSS) Wamba from 1976 to 1981 where he
obtained his First Leaving School Certificate and West African School
Certificate respectively. He attended School of Preliminary Studies Keffi for
his Interim Joint Matriculation Board Examination (IJMB) from 1984 to 1986 and
Ahmadu Bello University from 1986 to 1989 where he holds a Bachelor of Science Bsc in Accounting. He is a member
of the Association of National Accountants of Nigeria (ANAN).
Aliyu
Yahaya started his working career with
Janaz Bureau De Change, Osolo Way Lagos, immediately after his Youth Service in
1991 and rose to the position of Branch Manager at Kano Branch of the Bureau De
Change from 1991 to 1994. He was enlisted into the Superintendent Cadre of the
National Drug Law Enforcement Agency (NDLEA) in 1995. He served as the
Principal Staff Officer (PSO) from 2000 to 2003 in the Pensions & Insurance
Department of NDLEA at National Headquarters, Ikoyi, and Lagos before he was
redeployed to head Finance Department of the Directorate Administration and
Finance within the same organization. Currently he is the Assistant Director
(Finance and Accounts) and a member of NDLEA Staff Pension Scheme Board of
Trustees from 2003 to date.
Aliyu Yahaya has attended several seminars/workshops including
Pensions and Retirement Planning as follows: Workshop/Seminar for Officers
Responsible for Pension Matters organized by Office of the Head of Service of
the Federation (Establishment and Pensions) in collabration with Crown Agents
United Kindom at Institute of Policy and Strategies Studies (NIPSS) kuru in
September, 2002.
National Workshop on Audit Practice and
Management in Public Sector
organized by the Office of the Accountant General of the Federation in
collaboration with the Society of Chartered Accountant in Public Sector in
September, 2005.
Training Programme on Microsoft Excell, Access,
SPSS and Visual Dbase organized by
Computronic Technologies Limited in February, 2006.
National Policy Training workshop on
Implementation of Fiscal Responsibility
Act (2007) on Public Internal Financial Control System organized by the Office
of the Accountant General of the Federation in collaboration with the Leading
Edge Academy in September, 2008.
National Seminar on Implementing e-payment in
Government in Nigeria organized by
the Institute of Chartered Accountants of Nigeria ( Akure District Society) in
April, 2009.
Training Programme on information Communication, Presentation and MOSS 2007 organized
by Computronic Technologies Limited in July, 2009.
Seminar on
Financial Control, Auditing and International Financial Reporting Standard organized by the Institute of Chartered
Accountants of Nigeria( Lagos and District Society) in September, 2011.
Continuing Professional Education (CPE) on
Planning and Managing Retirement organized by the Institute of
Chartered Accountants of Nigeria( ICAN) in November, 2011.
Anan Mandatary Professional Contiuing Development
(MPCD) on theme; Contemporary Issues on Accounting Development in December 2011 1st International Tax Conference
on Taxation: A Tool for Reginal Sustainabilty
and Develpoment organized by the Institute of Taxation of Nigeria in
collaboration with West Africa Union of
Tax Institutes (WAUTI) in 2012.
Anan
Mandatory Professional Contiuing Development(MPCD) on theme; Development on
Corporate Reporting & Auditing in December 2011 Aliyu Yahaya a Retirement
Planning Consultant in the making is married with children.
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